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$1,400,000
5 Beds 4 Baths 835623 MLS
Multi-Use Investment Opportunity in Silverton 1145 Greene Street — a prime mixed-use property located in the heart of Silverton’s vibrant downtown. This versatile building features three residential apartments and an established retail space, offering multiple income streams and development potential. The property includes two upper-level 2-bedroom, 1-bath units and a lower-level 1-bedroom, 1-bath unit with an office and convenient alley access. The front of the building is currently operating as a retail shop, with potential to convert into two separate storefronts or additional living space. VRBOs and short-term rentals are permitted, making this an excellent opportunity for owner-operators or investors seeking rental flexibility. Each unit is metered separately for propane and electricity. There’s room to expand with potential for a rear addition. The existing business may be purchased separately for a turnkey commercial investment. Whether you're looking for a live/work setup, a full rental investment, or mixed commercial-residential use, 1145 Greene Street offers unmatched flexibility in one of Colorado’s most unique mountain towns.

1145 Greene St, Silverton

$875,000
4 Baths 835266 MLS
This fourplex near downtown Silverton presents an exceptional investment opportunity with strong income potential and room for expansion. The property features three charming, turnkey 1BR/1BA units, each thoughtfully designed with custom built-ins, hand-plastered walls, solid wood finishes, bonus and storage spaces, individual furnaces, and individual laundry areas. A fourth unit is currently under renovation, offering immediate value-add potential. Additionally, there is an approximately 1,000 sq. ft. garage with the potential to be converted into a fifth apartment unit, creating even greater income opportunity. One unit features a dramatic multi-level solarium with outstanding solar gain, ideal for a greenhouse, studio, or sunroom. Situated on a large corner lot where the zoning also allows for an ADU by right, providing additional development flexibility. Seller financing is available — bring all offers!

858 Reese St, Silverton

$1,200,000
2 Beds 4 Baths 834503 MLS
Prime Greene Street location with MU1 business commercial zoning. Historic 5,000 SF brick building in the heart of downtown Silverton, formerly known as the Rainbow Garage. Situated on a 10,000 SF four-lot parcel, the property includes four rental units. The warehouse/garage portion includes approximately 2,300 SF main space and an adjacent 800 SF unit. The north-side exterior addition, currently occupied is approximately 750 SF. The remodeled 1,300 SF apartment is currently operating as a vacation rental, use by right. The MU1 district is intended to support a mix of commercial, service, entertainment, and residential uses within Silverton’s historic pedestrian-oriented downtown core. With a minimum build size requirement of 2,500 SF in the MU1 district, this parcel may offer the potential to separate two of the the four lots, subject to buyer verification and town approval. Additional features include large off-street parking, mountain views, and flexible mixed-use potential in a high-visibility downtown location.

951 Greene St, Silverton

$635,000
3 Beds 4 Baths 833902 MLS
Modern Comfort in Historic Silverton Experience the perfect blend of contemporary luxury and rugged mountain charm with this stunning 3 bedroom, 4 bathroom townhome. Built in 2021, this residence offers a rare opportunity to own a modern home in the heart of Silverton, a historic mining town turned premier destination for Colorado’s most breathtaking views and world-class recreation. Property Highlights •Prime Location: Situated just blocks from the historic Greene Street, you are minutes away from local dining, shopping, the iconic Durango & Silverton Narrow Gauge Railroad, and local favorite Kendall Mountain Community Center and Ski Area. •Spacious Living: 1,536 square feet of meticulously designed living space, including three full baths and one ½ bath. •Modern Finishes: Enjoy the efficiency and comfort of radiant floor heating and high-end appliance inclusions, including a dishwasher, range/oven, refrigerator, in-unit washer/dryer and garage! •Epic Views: Wake up to panoramic vistas of the surrounding San Juan Mountains, the valley, Animas River, and nearby ski areas.

509 Reese St Unit B, Silverton

$675,000
4 Beds 4 Baths 805371 MLS
This 4 bed/4 bath Colorado-style home is situated on a large corner lot with excellent solar gain and amazing mountain views from all angles. Featuring a separate 1 BR/1 bath ADU upstairs that could be used for rental income. There are multiple different rental configurations, as the upstairs ADU could be combined with the downstairs lock-off to be a 2 br/ 2 bath unit. Located in a quiet neighborhood, walking distance to the park, museums, downtown shops, and restaurants but secluded from tourist activity. There is a large shop/ storage area, heated with a wood-stove, that could easily be converted into a garage. The large yard allows for plenty of off-street parking, easy snow-removal, and features a fenced section for pets. The large, covered, front porch provides a great space to soak in the incredible San Juan Mountain views.

1705 Mineral St, Silverton

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